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US to impose anti-dumping duty on 18 countries, including Oman

3 Mar 2021 By AFP

The US Department of Commerce is preparing to tax aluminium sheet exporters from 18 countries, including Oman and Bahrain, after determining on Tuesday they had benefited from subsidies and dumping.

The US International Trade Commission (ITC), an independent body, must approve the final decision by April 15 to impose anti-dumping or countervailing duties, a department statement said.

The investigation, launched under Donald Trump’s administration, had been requested by nearly a dozen US aluminium alloy manufacturers, including Arconic and Aleris Rolled products, which felt they were being harmed by competing imports at lower prices.

President Joe Biden’s administration determined that imports from Germany in particular (US$287mn in 2019) benefited from dumping ranging from 40 per cent to 242 per cent. The same is true for aluminiumalloy sheets from Bahrain (US$241mn), which the administration said benefited from pricing below the cost of production or the local market of 83 per cent.

US imports from India (US$123mn in 2019) have benefited from subsidies for 35 per cent to 89 per cent, according to the US investigation.

In October, the Trump administration indicated that it had already begun to levy preliminary duties in the investigation.

The other countries concerned are Brazil, Croatia, Egypt, Greece, Indonesia, Oman, Romania, Serbia, Slovenia, South Africa, South Korea, Spain, Taiwan and Turkey.

‘If the ITC makes affirmative final injury determinations, the Department of Commerce will issue AD or CVD orders,’ the department said in the statement, referring to anti-dumping or countervailing duties orders.

According to the statement, 559 orders on various imports are currently in effect to ‘provide relief to American companies and industries impacted by unfair trade.’

‘Foreign companies that price their products in the US market below the cost of production or below prices in their home markets are subject to AD duties,’ the statement said.

 

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